phompuey

The person that wrote this article is out of touch with working class America. A payday loan is a short term loan APR does not matter as that is for Annual loans if you want to look at it in percentages $25 on a hundred is 25%. That is the usual charge. For many people it is the differance between putting food on the table or buying medicine. The sugestion that you should take a loan from a loan company or family shows how out of touch you are. Financial institutions NEVER lend money to people who need it. Try getting a mortgage if you are homeless even with a job. Borrow the money from family watch Jerry Springer to get an idea of the members of many payday loan users. As far as usery that is a word from the bible typical to pick and chose what you like the bible also says armed conflict is wrong "the rath of the double edged sword" want to help people strenthen labor laws like upping the min. wage not outlawing some peoples only way to get much needed funds.